Intrepid Shifts Climate Strategy, Drops Carbon Offsets
One of the travel sector’s most environmentally conscious operators, Intrepid, has decided to end its carbon offset program and abandon existing emissions targets, deeming them unattainable.
The Australia-based global tour company announced it will instead allocate A$2 million (£980,000) annually to a verified "climate impact fund" that supports direct measures, including transitioning to electric vehicles and funding renewable energy projects.
Intrepid, known for small-group travel, stated it is discontinuing offsets and withdrawing from the Science Based Targets initiative (SBTi), five years after committing to its 2030 goals.
In a message to employees, Darrell Wade, Intrepid’s co-founder and chair, and CEO James Thornton, said: "Intrepid, and the broader travel industry, is not on course for a 1.5°C future. We need bolder steps to even come close."
Though Intrepid emphasizes the minimal footprint of its tours, it acknowledges that the biggest environmental impact comes from customers’ flights. Wade admitted two years ago that offsets lacked credibility.
The letter criticized governments for lacking ambitious policies on renewable energy and sustainable aviation fuels, stating: "We cannot uphold a target we know we won’t achieve."
Thornton argued that the shift would enhance transparency and trust, rather than alienate customers. He told *CuriosityNews*: "We were the first tour operator to adopt science-based targets, and now we’re acknowledging they don’t work for us. Honesty builds trust."
The new fund and goal to reduce the "carbon intensity" of each trip were designed by climate experts and will be reviewed by independent auditors.
Efforts will include promoting shorter domestic trips, reducing long-haul flights, and expanding flight-free itineraries with more walking and trekking options.
Environmental advocates have long dismissed offsets, pushing instead for reduced flying. Doug Parr, Greenpeace UK’s chief scientist, said offset programs let "airlines and major polluters falsely claim sustainability while continuing heavy emissions."
He endorsed a frequent flyer levy, exempting the first annual flight to avoid penalizing family holidays but increasing costs for frequent travelers, who drive most air traffic growth.
Thornton noted that meaningful climate action remains a priority for Intrepid’s leadership but added: "We must acknowledge that travel, as it stands, is not sustainable."
Read next
IEA set to urge unprecedented stockpile oil release to lower crude prices
The International Energy Agency is set to request the biggest drawdown of state oil reserves ever recorded, aiming to soothe the price surge sparked by the US‑Israeli strikes on Iran.
The global energy monitor is anticipated to urge its 32 members to free roughly 400 million barrels of emergency
How far could oil prices climb, and what could be the worldwide economic consequences?
Concerns about the world economy have intensified as oil prices have surged past $100 a barrel following the US‑Israel clash with Iran.
Economists warn that a growing chance of an extended war in the key energy‑exporting zone could severely affect living standards globally, reviving fears of a fresh
UK job market stalls as firms stay cautious on hiring
Data indicate that the UK labour market is struggling under weak recruitment demand, with only modest indications of improvement.
Two reports issued on Monday note that firms stay wary of taking on new employees because of cost pressures and economic uncertainty, underscoring the market’s continued fragility.
The monthly employment